Winnipeg-based Exchange Income Corporation announced on Monday that it would be buying Canadian North for $205 million. The company promised the sale would mean better service to northern communities.

Shareholders of Ottawa-headquartered operator Canadian North have entered a binding agreement to sell the airline to Exchange Income Corporation (EIC) for C$205 million ($143 million). The ...

The airline provides service to 24 remote Arctic communities in Nunavut and N.W.T. through Ottawa and Edmonton, as well as dedicated charters in northern Alberta and B.C.

Exchange Income Corp.’s $205-million takeover of Canadian North airline offers a lifeline to a struggling carrier while bolstering the Winnipeg-based purchaser’s stable of regional airlines.

Canadian airline ditches some routes to the U.S. as tension rises between two countries - Canadians have shown their disdain ...

A Canadian North Airlines 737 at the unveiling of their new, state-of-the-art Boeing 737NG Full-Flight Simulator and 30,000-square-foot training centre, in Edmonton, Alta., on Wednesday ...

Cancel any time. The northern airline is set to be purchased for $205 million. Canadian North provides passenger and cargo service to 24 remote Canadian Arctic communities in Nunavut and the ...

Exchange Income Corp. (EIC), the Winnipeg-based parent company of several small airlines, has agreed to purchase Canadian North, calling the carrier’s businesses “highly complementary” to ...

Winnipeg — Exchange Income Corp. has entered into an agreement to buy Canadian North. The northern airline is set to be purchased for $205 million. Canadian North provides passenger and cargo ...